Actually, right now there is some action in ATON. It was sitting at $81 this morning, I went to the bathroom, then came back 60 seconds later and it was up $4+. Obviously some people are buying in anticipation of some positive coverage.
Anyone know why EPNY is taking such a hit this morning given the analyst recommendations that just came out?
"Merrill Lynch & Co. said it raised its intermediate term rating on BindView Development Corp. (NasdaqNM:BVEW - news) to a buy from accumulate and started coverage of coverage on E.piphany Inc. (NasdaqNM:EPNY - news) with an accumulate rating." From Reuters.
I hear that they were an underwriter for this IPO. Usually underwriters come out with "Strong Buy" or "Buy". Instead they say "accumulate". Does this mean they think it is ahead of itself in terms of valuation? (At least that is what is says to me...)
By the way I think they will have a great qtr as well.